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Stock Market & Financial Investment News

News Breaks
July 29, 2014
08:48 EDTFTR, CTL, WINFrontier, CenturyLink rally after Windstream announces spinoff
Frontier Communications (FTR) is up 18% and CenturyLink (CTL) is up 9% after Windstream (WIN) announced plans to spin off its telecom assets into a publicly traded REIT. Shares of Windstream are up 28% following the news.
News For FTR;WIN;CTL From The Last 14 Days
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January 26, 2015
09:11 EDTWINWindstream names Lewis Langston Chief Information Officer
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January 21, 2015
09:06 EDTWINWindstream receives state regulatory approvals for REIT spinoff
Windstream announced it has received all regulatory approvals from state public service commissions required for its planned real estate investment trust spinoff, which will be named Communications Sales & Leasing. Windstream earlier received a favorable private letter ruling from the Internal Revenue Service relating to the transaction.

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